Cure Duchenne

Analysis

Cure Duchenne is a registered charity in United States, based in Mission Viejo, CA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cure Duchenne reported income of $7.4m and spending of $10.2m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $27.5m to $7.4m (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 81%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure Duchenne sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include 4d Recovery ($7.4m), Make-A-Wish Foundation of Colorado Inc ($7.4m) and St Anns Foundation Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $2.6m (25% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $27.1m against liabilities of $256k, net assets of $26.8m. It reported 35 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.